Search For "taxes"
CBDT confirms Aadhaar requirement for filing Income Tax returns
Updated : 8 years, 7 months ago IST
New Delhi [India], June 10 (ANI): In the wake of the Supreme Court's judgement on implementing Section 139AA of the Income Tax Act, the Central Board of Direct Taxes (CBDT) clarified that from July 1 onwards, every person eligible to obtain Aadhaar must quote their Aadhaar number or the
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CBDT notifies condition of chargeability to STT; claims exemption
Updated : 8 years, 7 months ago IST
New Delhi [India], June 6 (ANI): According to the Central Board of Direct Taxes (CBDT) released notifications, under section 10(38) of the Income-tax Act, 1961, prior to its amendment by Finance Act, 2017 it was provided that the income arising by way of a transfer of long term capital asset
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EU to forge close ties with Russia
Updated : 8 years, 7 months ago IST
Moscow [Russia], June 3 (ANI): Responding to President Donald Trump's decision to pull the US out of the Paris climate agreement, the European Union is considering taking economic measures that could include halting trade talks, forging closer ties with Russia, and imposing heavy carbon
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CBDT extends due date for furnishing Statement of Financial Transaction
Updated : 8 years, 7 months ago IST
New Delhi [India], May 31 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday announced extension of the date of filing for Statement of Financial Transaction (SFT) under Section 285BA of the Income-tax Act, 1961, which requires furnishing under Rule 114E of the Income-tax Rules, 19
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Archery WC: CBDT felicitates I-T inspector Abhishek Verma for bagging gold
Updated : 8 years, 7 months ago IST
New Delhi [India], May 24 (ANI): Central Board of Direct Taxes (CBDT) has felicitated Abhishek Verma, Income Tax Inspector at the national capital, after the team comprising the latter clinched a gold medal in the men's compound team event at the season's first Archery World Cup in
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Entertainment Services under GST to have lower tax incidence
Updated : 8 years, 7 months ago IST
New Delhi [India], May 23 (ANI): Taxes on entertainments and amusements (covered by the erstwhile entry 62 of State List of the Constitution) have been subsumed under Goods and Services Tax (GST) except to the extent of taxes on entertainments and amusements levied by a Panchayat or a Munici
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Medical equipments, Smart phones, cement to have lower taxes under GST
Updated : 8 years, 7 months ago IST
New Delhi [India], May 23 (ANI): Taxation on commodities such as packaged cement, medicaments, smart phones, and medical devices shall come down under the Goods and Services (GST) Tax as the government has reduced its rates on these items.
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CBDT signs two more Unilateral APA's with Indian taxpayers
Updated : 8 years, 7 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) on Monday announced entering into two Unilateral Advance Pricing Agreements (APA) with Indian taxpayers on May 4 and 11 respectively, out of which one agreement holds a rollback provision.
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After CBI, Kapil Mishra takes war against Kejriwal to CBDT
Updated : 8 years, 7 months ago IST
New Delhi [India], May 17 (ANI): Sacked Aam Aadmi Party (AAP) leader Kapil Mishra on Wednesday asserted that he will visit the Central Board of Direct Taxes (CBDT) today to file a complaint against Delhi Chief Minister Arvind Kejriwal.
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Kapil Mishra to move CBI today against Kejriwal
Updated : 8 years, 7 months ago IST
New Delhi [India], May 16 (ANI): After threatening to drag Delhi Chief Minister Arvind Kejriwal to Tihar Jail, sacked Delhi minister Kapil Mishra will on Tuesday approach the Central Bureau of Investigation (CBI) and Central Board of Direct Taxes (CBDT) to submit evidences of corruption agai
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Centre seeks stakeholders view on ICDS draft on real estate transactions
Updated : 8 years, 7 months ago IST
New Delhi [India], May 11 (ANI): The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has sought the general public's view on a draft version of the Income Computation and Disclosure Standards (ICDS) on real estate transactions.
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NITI Aayog rules out taxing agricultural income
Updated : 8 years, 7 months ago IST
Hyderabad (Telangana) [India], Apr 29 (ANI): Rubbishing claims of taxes being levied on agricultural income, NITI Aayog Vice Chairman Arvind Panagariya stated that there has been no such proposal put forth by the chamber.
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